HD Korea Shipbuilding Wins 4 LPG Carrier Order
HD Korea Shipbuilding & Offshore Engineering, the intermediate shipbuilding holding company of HD Hyundai, is accelerating its efforts to achieve its annual order target by securing a contract to build liquefied petroleum gas (LPG) carriers worth 515.4 billion won ($396.46 million).HD Korea Shipbuil
HD Korea Shipbuilding & Offshore Engineering has secured a significant contract to build four LPG carriers worth $396.46 million, bringing its annual order target closer to reality. This contract, signed on August 24, represents 2.93% of the company's recent sales. The ships, to be constructed at HD Hyundai Heavy Industries in Ulsan, are set to be delivered by the first half of 2030.
This new order brings the total number of ships on order to 162, valued at $18.08 billion, representing 77.6% of the company's annual order target of $23.31 billion. The company's success in securing this LPG carrier contract highlights the strength of the gas carrier sector, with LPG, ammonia, and liquefied carbon dioxide carriers accounting for 50 ships each.
HD Korea Shipbuilding & Offshore Engineering has also secured orders for a diverse range of ship types, including 50 petrochemical carriers, 30 container ships, 17 LNG carriers, 11 crude oil carriers, and 2 pure car and truck carriers.
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